Bell Potter LIC Weekly: MFF To Issue Bonus Options

By William Gormly | More Articles by William Gormly

Further to a discussion contained in the recent annual report, the Board of MFF Capital Investments (MFF) has today announced the progression of a 1:5 pro rata non-renounceable bonus issue of options. The $2.60 strike options will be issued at nil consideration and are expected to be quoted on the ASX under code “MFFOA”.(Continued in report)

Bell Potter’s Indicative NTA tracks the ‘indicative’ movement of a LIC’s underlying NTA each month by monitoring the percentage movements of the disclosed holdings and using an index to track the movement of the remaining positions. The Indicative NTA works best with

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William Gormly

About William Gormly

William Gormly is an ETF/LIC Specialist at Bell Potter Securities. Will provides comprehensive coverage of the ETF and LIC sectors, producing a range of highly regarded reports covering investment fundamentals, asset class structure and cost, and the role of managed investments in portfolios.

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